A month ago the trend in global markets remained bullish despite the fallout from a correction that started mid-summer, based on several sets of ETF pairs. Following yesterday’s upbeat Federal Reserve news, however, the upbeat outlook has strengthened.

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* Federal Reserve leaves rates unchanged, hints at cuts in 2024
* Fed trims core inflation forecast to 2.4% for 2024
* Record debt and high interest rates threaten global economy: World Bank
* Global oil demand has been slowing “drastically”, says IEA
* US wholesale prices flatline in November, pointing to softer inflation
* Business inflation expectations relatively unchanged at 2.4%: Atlanta Fed
* Federal Reserve expects rate cuts in 2024:

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